Federated Reports E-Commerce Milestone: 10,000 Users Connect to its Autoi Network - aftermarketNews

Federated Reports E-Commerce Milestone: 10,000 Users Connect to its Autoi Network

The Federated Autoi Network consists of online parts catalogs and ordering, job-quoting, technical reference material, labor guides, shop management tools and a myriad of other tools to assist shop owners and parts buyers in their day-to-day operations.

STAUNTON, Va. – Federated Auto Parts recently reached a milestone with its Autoi Network by electronically connecting to 10,000 customers. This marks completion of the group’s initial goal for the new technology, according to Federated CEO Rusty Bishop, who added that the goal was accomplished at a faster rate than expected.

“We knew that Autoi was an impressive technology, but we have been pleasantly surprised by its remarkable rate of adoption by our customers,” said Bishop. “Although reaching 10,000 installers is an important and impressive accomplishment, we expect Autoi to continue its amazing growth well into the future.”  

The Federated Autoi Network consists of online parts catalogs and ordering, job-quoting, technical reference material, labor guides, shop management tools and a myriad of other tools to assist shop owners and parts buyers in their day-to-day operations. The Federated Autoi Network was developed and is supported by MindQuest Inc.

“Federated Autoi is a collaborative effort between Federated’s suppliers, members and customers and it is the most advanced e-commerce product suite in the aftermarket,” said Bishop.  “We look forward to reaching the 20,000 mark in the very near future.  Federated Autoi is just getting revved up.”

You May Also Like

Valvoline Reports First-Quarter Results

Sale of the Global Products business remains on track with closing expected in early calendar year 2023 with $1.6 billion of the net cash proceeds expected to be returned via share repurchases in the 18 months following close.

Valvoline has reported financial results for its first fiscal quarter ended Dec. 31, 2022. 

"Valvoline's opportunity to drive long-term value to shareholders by growing system-wide store sales, increasing units through both company-operated and franchised additions, and focusing on incremental services remains strong," said Sam Mitchell, CEO. "As demonstrated by 17% growth in system-wide store sales, we continue to see significant strength and resiliency in our preventive maintenance service model."

MagnaFlow to Auction Equipment at Georgia Exhaust Facility

The Lavonia, Georgia, Exhaust Manufacturing Facility will be decommissioned.

Fisher Auto Parts Acquires Market Street Auto Parts

The acquisition involves the Market Street Auto Parts location in Jonestown, Pennsylvania. 

Dynabrade Acquires Global Abrasive Products

Global Abrasive Products Inc. is a 50-employee abrasives manufacturer with locations in Lockport, NY, and Alpharetta, GA.

Holley Announces Leadership Transition and Financial Results

Tom Tomlinson retires as president and CEO.

Other Posts

Q&A with The Group’s Larry Pavey

For our January cover story, distribution industry leaders reflect on accomplishments from 2022 and what’s ahead for 2023.

NPW Names Channel Partners of the Year

During the FAST Expo Customer Awards on Saturday, Jan. 28, NPW named Channel Partners of the Year.

BorgWarner Named to Fortune’s 2023 ‘Most Admired’ List

This marks the first time BorgWarner – one of eight automotive parts suppliers named – has been included on the list.

Aptiv Reports Q4 2022 Financial Results

The company reported U.S. GAAP net income of $531 million, diluted earnings per share of $1.96.